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European Commission allocates financial aid to agricultural producers hit by Russian ban

August 18, 2014, 15:20 UTC+3 BRUSSELS
The money would be used to remove some fruit and vegetables from the European market to avoid sagging prices
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BRUSSELS, August 18. /ITAR-TASS/. The European Commission (EC) has allocated €125 million to help fruit and vegetable producers hit by Russia’s ban on most Western food imports, the press service reports on Monday.

The money would be used to remove some fruit and vegetables from the European market to avoid sagging prices, Roger White from the European Commission said.

Apart from buying out products for free distribution among orphanages and charitable institutions, the European Commission envisages a possibility of selling agricultural products for the production of spirits, coloring agents, etc.

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